Looks like the bond market expects a firm employment number. 2-year yields in the US have edged up to 1.07% this morning from 1.03-1.04% late yesterday. USD/JPY is garnering bids on dips as a result.
EUR/USD ain’t waiting for the data., making a run for stops below 1.4275 as we write. The 200-day average at 1.4250 is next support.
